|
|
|
|
|
|
by abakker
1466 days ago
|
|
|
I mean, I'm not shorting SF real estate, but no, valuation can be wrong and also not tautological. There are lots of reasons in SF that prices don't adjust - e.g. rent control and the tax advantage of unoccupied buildings vs accepting a permanently lower rent. There's lots of reasons that value doesn't adjust quickly. |
|
|